ICAP names business recovery team

ICAP names business recovery team

Messages from Michael Spencer: "At this incredibly difficult time for all of our staff I hope that we can keep you up to date with developments. We have established a new contact number for our staff, if you have any queries please ring 201 324 6080."

"The task force we have established is led by Steve McDermott, Ron Purpora, Doug Rhoten, Don Marshall and Jim Nance. I am encouraged that they and the rest of the team that are working to restore broking operations are making great progress. From the many offers of help that we have had the team have narrowed the options down to some very suitable locations. In the short term we will not of course be able to accommodate every part of the business in a single building and are considering options in both New Jersey and Manhatten.

"The team expect to be able to give you information the arrangements for next week very soon. We hope to have the first desks and back office operations beginning on Monday morning. We will inform you of specific details and locations as soon as they become available."

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